Owner financing
When the seller is the bank.
In an owner-financed purchase, the seller carries the loan instead of a traditional lender. For buyers who don't fit bank underwriting yet, it can be a real route to a home now.
Who this fits
- You're self-employed or have income a bank won't easily underwrite
- You've had a recent credit event but can afford a payment
- You can't qualify for a conventional mortgage yet
- You have some funds available for a down payment
How it works
- 1You and the seller agree on the price, down payment, interest rate, and term directly.
- 2Instead of a bank, you make payments to the seller under a written agreement.
- 3Because there's no traditional lender, the path can move faster and accept situations a bank would decline.
- 4We help you find owner-financing opportunities and the professionals to structure them properly.
What to know
Owner-financing terms vary widely and aren't standardized — interest rates, balloon payments, and timelines differ from bank loans. Always have a real estate attorney review any agreement before you sign. The Home Programs is not a party to any transaction.
Is this your route?
Take the 90-second quiz. No card, no credit pull, no obligation — we’ll confirm whether the owner financing route fits and what comes next.
Take the quizThe Home Programs is not a lender or mortgage broker and does not originate loans, take applications, or make credit decisions. Programs, rates, and terms are offered by third parties and are subject to change without notice. Equal Housing Opportunity. See our disclosures.